The Contingent Value of Corporate Political Ties

被引:291
作者
Sun, Pei [1 ]
Mellahi, Kamel [2 ]
Wright, Mike [3 ]
机构
[1] Fudan Univ, Sch Management, Shanghai 200433, Peoples R China
[2] Univ Warwick, Warwick Business Sch, Coventry CV4 7AL, W Midlands, England
[3] Imperial Coll Business Sch, London, England
关键词
SOCIAL-RESPONSIBILITY; FIRM PERFORMANCE; MANAGERIAL TIES; INTERNATIONAL-BUSINESS; STRUCTURAL HOLES; CHINA TRANSITION; STRATEGY; CONNECTIONS; MANAGEMENT; GOVERNMENT;
D O I
10.5465/amp.2011.0164
中图分类号
F [经济];
学科分类号
02 ;
摘要
Developing and nurturing links with political actors and institutions constitutes an important component of a firm's overall nonmarket strategy. This paper focuses on corporate political ties, which are boundary-spanning personal and institutional linkages between firms and the constituent parts of public authorities. To help address the inconsistency of past research findings on the value of corporate political ties, we offer a contingency perspective by developing an integrative framework incorporating market environment, nonmarket environment, and interorganizational and intraorganizational factors that condition the value of corporate political ties, and identify potential operating mechanisms that may erode their value for a focal firm. We conclude by developing suggestions for a future research agenda.
引用
收藏
页码:68 / 82
页数:15
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